HAARZAAK: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HAARZAAK
Largest movements
- Cash +€11,155
up €11,155 (+33.4%), from €33,388 to €44,542
mainly Net result for the year (+€8,527) and Depreciation (+€1,258)
- Tangible fixed assets -€1,258
down €1,258 (-46.2%), from €2,724 to €1,466
of which Plant, machinery and equipment: -€736
- Receivables within one year -€1,031
down €1,031 (-81.7%), from €1,262 to €231
of which Other amounts receivable: -€1,262
- Reserves +€6,351
up €6,351 (+23.0%), from €27,665 to €34,015
- Profit (loss) carried forward +€2,176
no longer reported in 2025 (was -€2,176)
- Tax, wage and social debts +€1,146
up €1,146 (+87.8%), from €1,306 to €2,452
- Trade debts -€685
down €685 (-37.6%), from €1,820 to €1,135
- Gross operating margin +€11,795
up €11,795 (+401.0%), from €2,941 to €14,736
- Taxes +€1,999
up €1,999 (+841.2%), from €238 to €2,237
- Other operating charges -€939
down €939 (-26.7%), from €3,519 to €2,580
- Depreciation +€195
up €195 (+18.4%), from €1,063 to €1,258
- Financial charges -€163
down €163 (-54.8%), from €298 to €135
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,141 | €51,064 | +€8,923 | +21.2% |
| Fixed assets | 21/28 | €2,724 | €1,466 | -€1,258 | -46.2% |
| Tangible fixed assets | 22/27 | €2,724 | €1,466 | -€1,258 | -46.2% |
| Plant, machinery and equipment | 23 | €2,202 | €1,466 | -€736 | -33.4% |
| Furniture and vehicles | 24 | €522 | - | -€522 | |
| Current assets | 29/58 | €39,417 | €49,598 | +€10,181 | +25.8% |
| Stocks and contracts in progress | 3 | €4,566 | €4,825 | +€259 | +5.7% |
| Stocks | 30/36 | €4,566 | €4,825 | +€259 | +5.7% |
| Amounts receivable within one year | 40/41 | €1,262 | €231 | -€1,031 | -81.7% |
| Trade receivables | 40 | - | €231 | +€231 | |
| Other amounts receivable | 41 | €1,262 | - | -€1,262 | |
| Cash at bank and in hand | 54/58 | €33,388 | €44,542 | +€11,155 | +33.4% |
| Deferred charges and accrued income | 490/1 | €201 | - | -€201 | |
| Total equity and liabilities | 10/49 | €42,141 | €51,064 | +€8,923 | +21.2% |
| Equity | 10/15 | €37,889 | €46,415 | +€8,527 | +22.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €27,665 | €34,015 | +€6,351 | +23.0% |
| Distributable reserves | 133 | €27,665 | €34,015 | +€6,351 | +23.0% |
| Profit (loss) carried forward | 14 | -€2,176 | - | +€2,176 | |
| Amounts payable | 17/49 | €4,252 | €4,649 | +€397 | +9.3% |
| Amounts payable within one year | 42/48 | €4,187 | €4,649 | +€462 | +11.0% |
| Trade debts | 44 | €1,820 | €1,135 | -€685 | -37.6% |
| Suppliers | 440/4 | €1,820 | €1,135 | -€685 | -37.6% |
| Taxes, remuneration and social security | 45 | €1,306 | €2,452 | +€1,146 | +87.8% |
| Taxes | 450/3 | €1,306 | €2,452 | +€1,146 | +87.8% |
| Other amounts payable | 47/48 | €1,061 | €1,061 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €65 | - | -€65 | |
| Non-recurring operating income | 76A | €9,504 | - | -€9,504 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,063 | €1,258 | +€195 | +18.4% |
| Other operating charges | 640/8 | €3,519 | €2,580 | -€939 | -26.7% |
| Gross operating margin | 9900 | €2,941 | €14,736 | +€11,795 | +401.0% |
| Operating profit (loss) | 9901 | -€1,640 | €10,898 | +€12,538 | |
| Financial charges | 65/66B | €298 | €135 | -€163 | -54.8% |
| Recurring financial charges | 65 | €298 | €135 | -€163 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,938 | €10,763 | +€12,702 | |
| Income taxes | 67/77 | €238 | €2,237 | +€1,999 | +841.2% |
| Profit (loss) for the period | 9904 | -€2,176 | €8,527 | +€10,703 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,176 | €8,527 | +€10,703 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.